PPP Loan information for Falstrom company inc.
$1,495,849
Falstrom company inc. was initially approved for PPP Loan of amount $1,495,849, the current approved amount is $1,495,849. The loan was approved on 01/30/2021 by The Loan Source Incorporated reported 101 jobs and $1,495,849 was used to fund payroll.
Falstrom company inc. is Existing or more than 2 years old
FALSTROM COMPANY INC.
Date Approved
01/30/2021
SBA Office Code
0299
Processing Method
PPS
Borrower Name
FALSTROM COMPANY INC.
Borrower Address
1 Falstrom Court
Borrower City
Passaic
Borrower State
NJ
Borrower Zip
07055
Loan Status Date
02/18/2022
Loan Status
Paid in Full
Term
60
SBA Guaranty Percentage
100
Initial Approval Amount
1495849.00
Current Approval Amount
1495849.00
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
188567
Servicing Lender Name
Loan Source Incorporated
Servicing Lender Address
353 East 83rd Street Suite 3H
Servicing Lender City
NEW YORK
Servicing Lender State
NY
Servicing Lender Zip
10028
Rural Urban Indicator
U
Hubzone Indicator
N
HLMI Indicator
N
Business Age Description
Existing or more than 2 years old
Project City
Passaic
Project County Name
PASSAIC
Project State
NJ
Project Zip
07055
CD
NJ-09
Jobs Reported
101
NAICS Code
339999
Race
White
Ethnicity
Not Hispanic or Latino
Utilities Proceed
1.00
Payroll Proceed
1495845.00
Mortgage Interest Proceed
0.00
Rent Proceed
0.00
Refinance EIDL Proceed
0.00
Health Care Proceed
0.00
Debt Interest Proceed
0
Business Type
Corporation
Originating Lender Location Id
29599
Originating Lender
Northeast Bank
Originating Lender City
LEWISTON
Originating Lender State
ME
Gender
Male Owned
Veteran
Non-Veteran
Non Profit
Forgiveness Amount
1509659.99
Forgiveness Date
01/12/2022